NetClass Technology NTCL
NASDAQ NTCL
$1.86 +0.06 (+3.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

NetClass Technology (NTCL) Debt Ratio (2023 - 2026)

NetClass Technology's (NTCL) quarterly Debt Ratio came in at 0.15 in Q1 2026, up 364.84% on a YoY basis from 0.03 in Q1 2025, and up 4.84% quarter-over-quarter from 0.15 in Q3 2025.

Analysis

NetClass Technology (NTCL) Debt Ratio (2023 - 2026) Analysis & Trends

NetClass Technology (NTCL) has reported Debt Ratio for 4 consecutive years, with 0.15 the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 364.84% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (up 364.84% YoY), and the FY2025 full-year result was 0.15, up 360.29% from the prior year.
  • Debt Ratio grew to 0.15 in Q1 2026 per NTCL's latest filing, from 0.15 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.15 in Q1 2026 and bottomed at 0.03 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.08 across 4 years, with a median of 0.03 in 2025.
  • The sharpest annual moves came in 2024 and 2026: Debt Ratio grew 15.03% in 2024, then jumped 364.84% in 2026.
  • Over 4 years, Debt Ratio stood at 0.03 in 2023, then climbed by 15.03% to 0.03 in 2024, then soared by 360.29% to 0.15 in 2025, then grew by 4.84% to 0.15 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.15, 0.15, and 0.03 for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn -
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 0.86
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn -
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 0.36
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 0.05
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 0.00
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 0.30
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 0.15
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 0.67
10 NetClass Technology 669,307.99 -912,689.01 - 0.15
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 0.15
Sep 30, 2025 0.15
Mar 31, 2025 0.03
Sep 30, 2024 0.03
Sep 30, 2023 0.03